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Description
FOR SALE or LEASE Brand NEW construction 1,598 sq.ft. Lincoln Square RETAIL/OFFICE COMMERCIAL CONDO ($276,000 or $25/SF NNN) with RARE C1-2 Zoning at the base of a sold-out condo building. Various business uses permitted "By Right" with a C zoned property. This well-built highly visible unit sits on Western Avenue in the heart of Lincoln Square, looking out on its 15.5-acre Welles Park. Less than 1500 from the CTA's Brown Line Western Avenue platform. Property is vertically separate from the HOA with minimal fees. Large GARAGE parking available ($25K) - warm vanilla-shell delivery. Perfect for Retail, Office or Medical services use, and offered at an incredibly low price!
Location
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AREA HIGHLIGHTS
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Amazingly Active Neighborhood
Across from Wells Park
The Davis Theater
Tons of Summer Concerts,
Festivals, and Park Activities,
Some of Chicago's Best Dining
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AREA TENANTS
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Goosefoot
Elizabeth
Restaurant
Old Town Folk School
Gather
LS Athletic Club
Lou Malnati's
Half Acre
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TRANSPORTATION HIGHLIGHTS
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Western and Montrose Bus routes
Blocks from Western Brown Line
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 62,471 | 581,765 | 1,167,588 | |
| Population Median Age | 36 | 37 | 37 | |
| Population by Age | 0-9 Yrs | 8293 (13%) | 63386 (10%) | 130207 (11%) |
| 10-19 Yrs | 4433 (7%) | 46932 (8%) | 109903 (9%) | |
| 20-29 Yrs | 9852 (15%) | 117606 (20%) | 228058 (19%) | |
| 30-39 Yrs | 15185 (24%) | 122201 (21%) | 232187 (19%) | |
| 40-49 Yrs | 9463 (15%) | 76632 (13%) | 151341 (12%) | |
| 50-59 Yrs | 6601 (10%) | 63020 (10%) | 127349 (10%) | |
| 60-69 Yrs | 4555 (7%) | 48027 (8%) | 100895 (8%) | |
| 70+ Yrs | 4087 (6%) | 43962 (7%) | 87648 (7%) | |
| Median HH Income | $87,670 | $70,639 | $72,161 | |
| Total Household Income | < 24K | 2855 (10%) | 43988 (17%) | 85125 (17%) |
| 25-49K | 4533 (16%) | 47819 (18%) | 88860 (18%) | |
| 50-74K | 4233 (15%) | 40613 (16%) | 76829 (15%) | |
| 75-99K | 3627 (13%) | 29549 (11%) | 58715 (12%) | |
| 100-199K | 7453 (27%) | 59871 (23%) | 117768 (24%) | |
| 200K+ | 4217 (15%) | 30078 (11%) | 58326 (12%) | |
| Highest Education Level | No Diploma | 3168 | 45851 | 99237 |
| Diploma or GED | 5107 | 63499 | 138302 | |
| Some College | 5630 | 54570 | 113715 | |
| Assoc. Degree | 1777 | 21213 | 42441 | |
| Bachelors Degree | 18807 | 145985 | 267996 | |
| Higher Degree | 12424 | 95811 | 179563 | |
| Total Housing Units | 29,513 | 277,932 | 534,444 | |
| --Owner-Occupied | 12,027 | 104,075 | 213,497 | |
| --Renter-Occupied | 14,890 | 147,842 | 272,126 | |
| Owner-Occupied Values | < 100K | 166 | 4653 | 9182 |
| 100-199K | 1010 | 15778 | 30722 | |
| 200-299K | 1981 | 22028 | 49578 | |
| 300-399K | 1958 | 19246 | 43176 | |
| 400-499K | 1487 | 12666 | 26230 | |
| 500K+ | 5424 | 29705 | 54609 | |
| Total Working Age Population | 50,961 | 489,574 | 973,615 | |
| In Work Force | 40,467 | 360,582 | 705,833 | |
| Not In Work Force | 10,493 | 128,991 | 267,782 | |
| Workforce Employed | 39,153 | 345,122 | 673,925 | |
| Workforce Unemployed | 1,308 | 15,297 | 31,660 | |
| Civlian Workforce | 40,461 | 360,419 | 705,585 | |
| Military Workforce | 7 | 163 | 248 | |
| Total Households | 26,917 | 251,917 | 485,624 | |
| Family Households | 13,390 | 116,126 | 235,843 | |
| Non-Family Households | 13,527 | 135,791 | 249,781 | |
| Married Couple | 11,068 | 87,475 | 172,609 | |
| Other Family | 2,322 | 28,651 | 63,234 | |
| Married w/Child | 5,488 | 37,030 | 73,418 | |
| Single Male w/Child | 196 | 3,428 | 7,457 | |
| Single Female w/Child | 799 | 9,058 | 20,138 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Illinois | 12,419,293 | +3 | 12,830,632 | +12 | 14,316,487 | +6 | 15,138,849 |
| Cook County | 5,376,741 | -3 | 5,194,675 | +10 | 5,707,832 | +5 | 5,990,243 |